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the fiscal cliff, and that's what our focus issen ob this morning. for his part, president obama says he's modestly optimistic they can work things out. even if a deal is thrown together, senator harry reid says what they come up with could be imperfect and some people aren't going to like it. bringen in independent new york stock exchange trader joining us from new york. good to see you. >> good to see you, alison. thanks for having me. >> as you said, washington has been kicking the can down the road. so what are the chances of a real deal going through at the very last minute? things sound a little more optimistic last night, if you listened to president obama. >> i think they have to sound optimistic. the last thing they want to do is not sound optimistic. here's the problem. we've come right to the 11th hour. the fact there's going to be a substantive deal that comes out in the 11th hour is probably nailed to zero. in my sense, it's easier to go over the cliff. then there's clarity, right? taxes up, spending cut. the market will know what is going to happen. it can only get better f
morning talk show. the president is giving an interview to nbc's "meet the press." the fiscal cliff and the president's plan to avoid it are expected to be the main focus of that interview. >>> investors on wall street are nervous about the looming fiscal cliff deadline which is just three days away on. friday, stocks closed lower for a fifth day in a row ending the week down by 2%. >>> the conservative wave that swept the tea party into power two years ago may be headed back out. as the country teeters on the fiscal cliff, some tea partiers seem ready to compromise on taxes. here's jim acosta. >> reporter: for the tea party, change is brewing on capitol hill. florida republican alan west who rode the tea party wave in congress two years ago only to be swept out in november has already lost its office which is being prepped by painters for its new occupant. >> they say he's an outsider, a reformer. >> reporter: another tea partier, kansas congressman tim huleskamp, was booted from his seat on the budget committee he believes to john boehner wanted to send a message, to get in line f
what that means, and how would that make the fiscal cliff negotiations different? >> yeah. the vast majority of our decision-making happens the at an automatic, unconscious level. the challenge and the problem -- i'm talking about most of our thinking. the challenge we have with that regard is the fact that most of the filtering system that we have that makes those decisions was put in place for us when we were small children. as a result, really smart people can make really dumb decisions, or grown-ups can behave childishly. if a leader is more conscious of the patterns, they can cut them off and maintain a great degree of consciousness and therefore maturity in making decisions and acting on those. >> but we see both sides really dug in. we now seem to be in an impasse. are you saying that there's childish behavior? we take about transformative leadership perspective. how do you advocate and advise, let's say, speaker boehner and president obama? how do we move past that? >> you know, one of the fundamental problems we run into when we think about the unconscious is the fact we're
Search Results 0 to 2 of about 3